XLMedia CFO Caroline Ackroyd Announces Resignation to Join Gambling Operator

Caroline Ackroyd, the company’s Chief Financial Officer and a key member of the Board of Directors, has declared her intention to resign. Her decision is driven by a new opportunity within the gambling sector, marking a pivotal shift in her professional career.

Leadership Transition at XLMedia

Caroline Ackroyd’s departure from XLMedia is set for 31 March 2024. Her tenure as CFO has been marked by considerable contributions to the company. During her time, she played a pivotal role in steering the financial strategies of XLMedia. Her departure will initiate a transition period where she will assist with an orderly handover, ensuring business continuity.

The process to find a suitable replacement for Ackroyd will begin immediately. XLMedia is committed to a seamless transition and has assured its shareholders that an update will be provided at an appropriate time. This search indicates XLMedia’s proactive approach to maintaining strong leadership and financial guidance.

Acknowledgement from the Chair

Marcus Rich, the Chair of XLMedia, acknowledged Caroline Ackroyd’s impact on the company, stating: “Caroline has made a considerable contribution to XLMedia over the past two years. On behalf of the Board, I would like to thank her for this, and to offer her our best wishes for the future.” This statement reflects the company’s appreciation for her contributions and its positive outlook towards her future endeavors.

Our Comment on the Article

Caroline Ackroyd’s decision to leave XLMedia and join a gambling operator highlights the dynamic nature of the iGaming industry, where talented individuals often transition between different segments of the sector. This move not only signifies a personal growth trajectory for Ackroyd but also underscores the interconnectedness of the digital media and gambling industries.

As XLMedia embarks on the search for a new CFO, the company stands at a juncture where new leadership can bring fresh perspectives, potentially driving innovative strategies in the ever-evolving digital media landscape. Ackroyd’s legacy at XLMedia, marked by her significant contributions, sets a high bar for her successor, who will step into a role that is crucial in navigating the complexities of the digital media domain, particularly in the context of the iGaming industry.